November 13, 2024

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Extreme Sentiment

Please click here for a chart of 20+ year Treasury bond ETF (TLT).

Note the following:

• In The Arora Report analysis, bonds have the potential to spoil the stock market’s party.  Prudent investors need to keep an eye on bonds.  
• The chart shows that yields are pulling back in the early trade after the release of the Consumer Price Index.
• The chart shows that on Trump’s win, TLT approached the high band of the support zone.
• The chart shows that the momo crowd ran TLT up back into the bottom resistance zone.